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SAN
JOSE, Calif.--(BUSINESS WIRE)--July 13, 2004--NanoGram
Corporation, a leading developer and licensor of process
technology for manufacturing nanostructured materials
for optical, electronic, and energy product applications,
announced its new "AccessNano(TM)" licensing
program. Having developed extensive application expertise
and broad intellectual property in the field, NanoGram's
capabilities are now being licensed to an expanded
list of industrial partners, enabling a new generation
of materials and devices for products such as batteries,
optical films and coatings, displays, phosphors and
electronics interconnect and packaging. NanoGram also
announced it has closed over $7 million in a new venture
funding round to support continued new application
development.
"The process technologies developed by NanoGram
are unique in their ability to make complex material
compositions with precise control at a scale approaching
the molecular level," said Dr. Nobuyuki Kambe,
NanoGram's chief technology officer. "The result
is an unprecedented ability to produce nanomaterial
solutions that improve performance of existing product
applications and enable entirely new products."
"Through the AccessNano(TM) licensing program,
these technologies will now be utilized directly by
our industrial partners and spin-out companies to
impact products and markets across a wider range of
applications," noted Ron Mosso, NanoGram's chief
operating officer.
Since the company's founding in 1996, NanoGram has
collaborated with companies throughout the world to
manufacture leading edge nanomaterials where existing
materials have reached the limit of performance and
functionality. In meeting partners' application needs,
NanoGram has built an intellectual property portfolio
of over 80 internally developed patents and patent
applications. Reformed in 2002 as an application incubator
and IP-focused company, NanoGram's technology is currently
utilized, by affiliates NeoPhotonics Corp -- optical
devices -- Kainos Energy Corporation(1) -- solid oxide
fuel cells -- and Wilson Greatbatch Technologies(2)
(NYSE:GB) -- power sources for medical devices.
NanoGram closed a $7 million secondary round of financing
in June, lead by ATA Ventures, who were joined by
Nth Power Technologies, Bay Partners, Harris &
Harris Group, Rockport Capital Partners and SBV Venture
Partners. Bryant Tong of Nth Power Technologies has
succeeded former director Maurice Gunderson, and Bob
Williams of Bay Partners has newly joined NanoGram's
Board.
"We see NanoGram as a unique company in terms
of the breadth and impact of their capabilities,"
said Mel Melsheimer, President and COO of Harris &
Harris Group, Inc. "Their intellectual property
licensing model, as opposed to selling manufacturing
services, will enable rapid deployment of their solutions,
generating company growth and growth of nanotechnology
applications as a whole," he continued.
About NanoGram Corporation
NanoGram Corporation is a developer and licensor of
core process technology enabling the manufacture of
unique nanoscale compositions for optical, electronic,
defense, display, and energy applications and products.
The company has developed extensive intellectual property
that is expanding the boundaries of nanomaterials
technologies by enabling the development and manufacturing
of new generations of materials, devices, components
and applications. Through licensing, joint ventures,
co-development partnerships and spin-offs, NanoGram
delivers high impact, innovative technology solutions
for specific applications across a broad range of
industries.
For more information, see www.nanogram.com.
(1) Kainos Energy Corporation is a wholly owned subsidiary
of NanoGram Corporation applying the Laser Reactive
Deposition (LRD(TM)) technology to fuel cell components,
cells and stacks. For more information, see www.kainosenergy.com.
(2) Wilson Greatbatch Technologies (NYSE:GB) acquired
licensee NanoGram Devices Corporation in early 2004.
Contacts
NanoGram Corporation
Ron Mosso, 408-321-5002 (Vice President & COO)
rmosso@nanogram.com
Tim Jenks, 408-428-4967 (President & CEO)
tjenks@nanogram.com
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